NOBO Business Challenges

The nature of contemporary business poses certain challenges to NOBO knowledge workers organising for productivity and prosperity. With reference to "The Wisdom Network" by Steve Benton and Melissa Giovagnoli I believe the following are the key NOBO business challenges;

• A higher degree of integration -Different backgrounds, cultures, races, sexes, experience levels, or any difference among people provides the atmosphere for innovation to thrive. When too much like-mindedness is prevalent, new thoughts are hard to come by.
• The need for speed - A results-focused world often requires compromises to get work done faster, cheaper, and more cost effectively. This may mean resources are allocated to direct, short-term ways of making or saving money rather than to the less-direct, longer-term effects of social entrepreneurship.
• Quality - When communities form around topics focused on clear business goals, information turns to knowledge, and knowledge that is acted upon turns to wisdom. When communities form around topics that are not in any way connected, organizational wisdom cannot flourish.
• The shortage of skills - NOBO communities are hampered by individuals who are stubborn, egotistical, and unwilling or unable to work well with others. They may be brilliant, but they keep that brilliance confined in their heads or share it on a limited basis.
• Changing technology - The Internet and its technologies are evolving rapidly causing many interesting problems for enterprises trying to implement social software technologies. To succeed NOBO should take stock of how they implement these technologies and develop a plan to manage constant changes with users acting as co-developers.